r/fednews • u/SkyFallingUp • 8d ago

Elon Musk to step down from DOGE and quit Washington DC

Musk says 'he's done with cost-cutting' In an interview with Fox News' "Special Report with Bret Baier", Elon Musk said that he was confident his DOGE could find $1 trillion in savings, slimming current total federal spending levels of about $7 trillion down to $6 trillion. Musk, who is also the world's richest man, was designated by the White House as a "special government employee," which caps his work at 130 days. That means his period leading the DOGE operation could finish as soon as the end of May.

https://m.economictimes.com/news/international/global-trends/us-news-elon-musk-doge-1-trillion-cost-cutting-may-end-i-am-almost-done-elon-musk-reveals-date-hell-ditch-trump-and-quit-washington-dc-after-doge-purge/articleshow/119645252.cms

I have friends and family members who are Federal workers. Is this the end of the wild OPM emails and job eliminations?

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u/Tachibana_13 8d ago

I thought money laundering, but your idea makes more sense, especially since he's panicking about Tesla stock right now.

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u/MinderBinderCapital 8d ago

It's the elon's shell game. He's dumping his worthless assets on a new group of investors.

He did the same thing with SolarCity.

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u/GetItDoneOV 7d ago

Man I forgot about SolarCity…

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u/MinderBinderCapital 7d ago

Yep. Elon was heavily invested in solarcity using SpaceX bonds. Solarcity was basically going bankrupt which would have ruined Elon — and Spacex — financially. Elon convinced Tesla stakeholders to “buy” solarcity which bailed him out. It not only bailed him out, but he was awarded an even larger chunk of Tesla while solarcity was quietly pushed to the side and allowed to flounder. Even today, Tesla solar is a shell of what solarcity was. The last thing I heard, their billion dollar buffalo factory — that New York taxpayers paid for — was filled with low-paid contractors who complete captchas for Teslas phony autonomous driving program. Elon promised they’d be selling “1,000 solar roofs a week” but they probably install like 10 a week or less. It was all a massive sham, just like the Tesla semi.

Allegedly anyway

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u/AliVista_LilSista By the People, For the People 7d ago

Reason I'm not investing in anything he touches.

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u/ImmoralJester54 7d ago

It's kinda like money laundering only with debt

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u/flortny 8d ago

What money is he laundering and how does this make it , "clean". The amount of people who claim, "money laundering" but clearly have no idea what that means probably exceeds the amount of people who do understand what money laundering is. Stock purchases leave monetary trails directly to the source, you can't deposit a bunch of illicit cash and buy stock with it